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Energy Technologies (ASX:EGY) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


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What is Energy Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Energy Technologies's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Energy Technologies Cyclically Adjusted PB Ratio Chart

Energy Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.34 0.85 - -

Energy Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Energy Technologies's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Energy Technologies's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energy Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Energy Technologies's Cyclically Adjusted PB Ratio falls into.



Energy Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Energy Technologies's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Energy Technologies's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.013/124.1700*124.1700
=0.013

Current CPI (Jun23) = 124.1700.

Energy Technologies Annual Data

Book Value per Share CPI Adj_Book
201406 0.407 98.352 0.514
201506 0.249 99.838 0.310
201606 -0.117 100.859 -0.144
201706 -0.855 102.809 -1.033
201806 -1.483 104.945 -1.755
201906 0.170 106.617 0.198
202006 0.155 106.246 0.181
202106 0.082 110.332 0.092
202206 0.060 117.112 0.064
202306 0.013 124.170 0.013

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Energy Technologies  (ASX:EGY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Energy Technologies Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Energy Technologies's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Technologies (ASX:EGY) Business Description

Traded in Other Exchanges
N/A
Address
134-140 Old Pittwater Road, Unit J, Brookvale, Sydney, NSW, AUS, 2100
Energy Technologies Ltd along with its subsidiary manufactures and sells specialist industrial cables.